New channels will unlock for you as you participate in the DAO. Anyone in the DAO can be in one of two positions:

• Member and Non-Member

Non-Members are also known as Guest Pass holders.

Members have four roles:

• 🧑‍ Member (L1): 35,000 BANK
• 🤝 Contributor (L2): 35,000 BANK + Nomination/Vote process.
• 🐋 Whale (L3): 150,000 BANK
• 🌊 Liquidity Provider : 250 Uniswap V2 BANK/ETH LP tokens

What Are the Benefits of Becoming an L1 Member?

Becoming a Level 1 Member of BanklessDAO will unlock a range of benefits. The main benefits of moving from Guest Pass to Level 1 are:

• access to the Member Perks section of the BanklessDAO Discord. There are channels for NFTs gaming, DeFi alpha, solidity, mental health and physical wellness.
• attendance at the live recording sessions for the DAO’s successful Crypto Sapiens podcast.
• the possibility of being nominated and accepted as a Level 2 Contributor.

🤝 **How Do I Become a Contributor (L2)?**‌

Level 2 Contributor status is a social signal of esteem and gratitude within BanklessDAO.

It is a role you assume, not a position you have.

It is not a hierarchical position with direct power over others (although there are some extra Discord role privileges that come with the tag 😊).

Contributors are community members that have created something of value for BanklessDAO through their grit and effort. Possible reasons include:

• Author and pass a proposal that will be a landmark decision for the DAO (it's early, this isn't hard!)